Pension Wise
A government service that gives you free, impartial guidance on your options at retirement if you’re age 50 and over. A Pension Wise specialist will talk you through the options available to help you make a decision with your pension money.
You can book a Pension Wise appointment at www.moneyhelper.org.uk/pensionwise, or by calling 0800 138 3944.
Popular terms
Lump sum and death benefit allowance
This is a limit on the total tax-free lump sums that can be paid from your pensions both in your...
Lump sum allowance
When you access your pension, you can usually take up to 25% of the value tax-free. The lump sum allowance...
Ready-made pension
A simple, low-cost pension where you choose from four AJ Bell fund options.
Money paid in is automatically invested...